L
Luke Masters
Member
Premium Member
Morning all,
As when the US sneezes we usually catch a cold, I am sure the US interest rate rise will have an impact on the pressure for Mark Carney to follow suit.
The BBC news department seem to think likewise, what is everyone else's opinion on the fallout of this?
Source: BBC News
The US Federal Reserve has raised interest rates by 0.25 percentage points - its first increase since 2006.
The move takes the range of rates banks offer to lend to each other overnight - the Federal Funds rate - to between 0.25% and 0.5%.
The move is likely to cause ripples around the world, and could increase pressure on the UK to raise rates.
It could also mean higher borrowing costs for developing economies, many of which are already seeing slow growth.
Will be very interesting to hear peoples analysis on this
Luke
As when the US sneezes we usually catch a cold, I am sure the US interest rate rise will have an impact on the pressure for Mark Carney to follow suit.
The BBC news department seem to think likewise, what is everyone else's opinion on the fallout of this?
Source: BBC News
The US Federal Reserve has raised interest rates by 0.25 percentage points - its first increase since 2006.
The move takes the range of rates banks offer to lend to each other overnight - the Federal Funds rate - to between 0.25% and 0.5%.
The move is likely to cause ripples around the world, and could increase pressure on the UK to raise rates.
It could also mean higher borrowing costs for developing economies, many of which are already seeing slow growth.
Will be very interesting to hear peoples analysis on this
Luke